Photo appears courtesy of Walmart. This blog was written by Ian Heller, President and COO of Modern Distribution Management and reposted with permission. Walmart.com has grown very quickly since the company acquired Jet.com in 2014. One of the outcomes was that Marc Lore, Jet.com’s CEO and co-founder, became the CEO of Walmart eCommerce U.S. Several other Jet executives remained with Walmart and have generated a great deal of growth for the world’s largest retailer – including a 37% jump in online sales in the first quarter of its current fiscal year. Much of this is coming from Walmart’s third-party marketplace. Just like Amazon, Walmart allows many other companies to sell on its website.
Photo appears courtesy of Trending Topics 2019. It's #flashbackfriday! Since I just went shopping for my third graders' school supplies, I thought now was a great time to reprint our "back to school" blog. Enjoy! Ever wonder how all those school supplies make it into the extremely crowded "back to school" area of Walmart? The process involves a tightly connected network of buyers, suppliers, EDI providers, teachers and 29 million households. The "back to school" supply chain probably starts sometime in the spring, when buyers all over the US predict what will be most in demand for the coming school year. Will the pre-sharpened Ticonderoga pencils be available or not? Will pencil top erasers be on the supply lists? And will there be enough glue sticks for the two dozen each parent will be required to buy? As I walked around Walmart this year, frantically looking for everything on my twins' supply lists, it occurred to me none of these people have any idea what led up to this chaos.
Photo appears courtesy of Mike Mozart. This blog was written by Aurora EDI Alliance partner, Jim Gonzalez. This is a question all companies should be asking themselves as we are moving in the direction of purchasing all goods online through mobile devices. How often do you go to the store to pick up something you ordered online? Grocery stores are moving to ordering online with the local store delivering to your home. Some stores - Walmart and Target come to mind - allow you to order online and pick up at the local store to save on shipping. This is due to Walmart and other major entities moving into other sectors they weren’t historically known for. Walmart was the go-to retail store for discount items just a decade ago. Now they are pushing to also be your discount everything from tires to iPads to tomatoes, and even offer additional discounts for ordering online with store pick-up. To further meet consumer demand, they are offering more items that are either organic or sourced sustainably or both. Think about it, if you stay stagnant, you will quickly become irrelevant in today’s competitive environment.
As I sit at my desk for the last time this year ending a very busy year I think back to the late 1980s when I first got into EDI. I had gotten a taste of programming in communications, connecting computers to Telex machines, and companies were clamoring for technicians who could figure out Bisync modems. Walmart was requiring all suppliers to use them to receive orders and send invoices by EDI into the Walmart mainframes.
Photo appears courtesy of Morag Riddell. This blog was written by Karen Blood of GraceBlood LLC, a partner of the Aurora EDI Alliance. No surprise, today’s most successful supply chain companies are doing more and more business electronically. From a personal consumer perspective, aren’t we all? Industry leaders like Amazon, AutoZone and Walmart understand this and are driven from the boardroom to the warehouse to handle all aspects of business over proliferating electronic channels. Suppliers at each level up on the supply chain are finding it necessary to accommodate their down-channel customers’ end-customer’s desire for, and reliance on, real-time transactions and information. This has a challenging ripple effect on their suppliers, carriers and 3PLs, as well as their own operations.